“Our central functions have gone from 18,000 to 800 employees”
To explain the increased results, Björn Rosengren, CEO of ABB, puts forward a redefined product portfolio as well as a very strong decentralization.
Björn Rosengren: “Why do you want us to use external consultants? Since I have been at the head of ABB, no more strategy consultants have crossed the threshold of our door”.
ABB
For the third quarter of this year, ABB has just communicated better than expected results with, in particular, strong growth in orders and turnover. As for the operational EBITA margin, it amounted to 16.6%, a historically high level.